Comada makes new UK business development appointment

Comada makes new UK business development appointment

Comada, developer of fund of hedge funds software package M·A·T·share, has appointed Susanne Petrie to spearhead its marketing and business development activities in the UK. Based in London, she will work closely with Comada co-founder and head of business development Dave Shastri.

'London is an important hub for the European hedge fund industry, and we felt it was vital that we had someone with Susanne's experience to help us to raise our profile with the fund of hedge funds community here,' Shastri says. 'Susanne comes to us with an extensive network of contacts in the alternative investments sector, and we look forward to her putting her experience to good use on Comada's behalf.'

Petrie began her career in hedge funds by launching Hedge Funds Review in 2000, establishing it as a leading publication for hedge fund information and subsequently developing hedge fund industry events worldwide. In 2005 she moved to IMS Consulting, an independent UK compliance consultancy focusing on the asset management industry, as head of business development.

'Technology is becoming an increasingly vital ingredient for the successful functioning of funds of hedge funds businesses, and it is great to be working with a business like Comada, which is developing software of practical and strategic significance for these firms,' Petrie says. 'I am looking forward to meeting both old and new friends in the hedge funds industry in my new role.'

Comada is deploying and support M·A·T·share, an ASP-hosted solution designed for funds of hedge funds, in Asia and North America. M·A·T·share allows fund managers to integrate day-to-day operational and investment activities as well as linking firms with service providers to ensure improved pricing and reporting capabilities.